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business

Africa to breed more of world millionaires

standardmedia.co.ke/articl...

submitted over 7 years ago by tyger

Africa to breed more of world millionaires

submitted over 7 years ago by tyger

Africa to breed more of world millionaires
  • The number of millionaires and ultra-wealthy individuals in Africa and other emerging economies is growing rapidly, with a significant shift in the distribution of wealth towards these regions.
  • By 2023, emerging markets are projected to hold 27% of global wealth, with a higher growth rate in ultra-wealthy individuals compared to developed markets.
Read more on standardmedia.co.ke
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